short sale: PMI and Your Short Sale Options - Negotiate Everything! - 05/16/12 01:13 AM
PMI – or - Private Mortgage Insurance ,  A little background first, Most of us know that if we borrowed more than 80% of the value of our home, we had to take out Private Mortgage Insurance or PMI. Forget about all the fairy tales you were told about how you could cancel it, why - in no time at all, house values would increase so fast, your 100% financing will have enough equity in 2 years to be an 80% loan, and you can just drop it – Reality check – that whole 20% equity in 2 year thing, it … (1 comments)

short sale: Waimea Hawaii for $219,000 ? YES 3/1 located in Lakeland - 04/28/12 04:25 AM
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short sale: Investor Owned Short Sales wanted - NO deficiency, NO Participation! Hawaii Only - 04/25/12 09:43 AM
With over $11,000,000.00 in short sales - SOLD, I need more, without patting our-self on the back too hard - we know how to get it done. I haven't looked at the exact numbers - but with most Hawaii homes that were in trouble, they tend to be investment properties or second homes - this is where our expertise lies in, we have been told NO a thousand time, been fed every excuse in the book, hit every obstacle there was - we have overcome 98% (approx)  of them. Don't trust your future to someone without experience, give us a call … (2 comments)

short sale: Bank of America no longer accepting "Digital Signatures" - according to an email today - 03/09/12 01:36 AM
Docusign may be a dinosaur before it even reaches puberty! 
I have held off on the "electronic signature" or "digital signatures"  craze for many reasons. 
First of all: It seemed a little crazy that anybody would accept a click of a mouse as a legal, binding obligation by the person that "clicked" it. Have you ever really thought about it ? Don't get me wrong, I enjoyed the convenience of it, as much as the next guy.
But ask yourself this question - If you were selling your home, and you were going to finance it yourself, would you sign over … (4 comments)

short sale: Fannie Mae Guidelines for Short Sales, and Deed in Lieu of Foreclosure - 03/05/12 12:15 PM
Fannie Mae Guidelines for Foreclosure, Deed in Lieu of Foreclosure, and Short Sales, seem to have a moving goal post. Honestly I think it will lighten up even more, with the ever increasing amount of homeowners in trouble, and the amount of bailouts being given out like candy - they are eventually going to have to give the honest, hard working, American a break also. 
Take a look at their brochure below and be sure to follow us Facebook 



 
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short sale: New Listing with Lake Views - Kamuela Lakeland - Waimea Hawaii for $249,000 - 03/03/12 04:51 AM
Sneak preview fo my listing located in Waimea on the Big Island of Hawaii.
Home is a well maintained 3 bedroom 1 bath, with handicap access and views of of the resevoir/lake, and Mauna Kea, large level lot, mostly fenced. Well worth driving out and taking a look 
View of the lake below
Follow here for more Photos - Kamuala Lakeland Home 
For all my listings visit KonaHomeTeam 

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short sale: January Home Sales are In - 23% Increase in Numbers - 134% increase in Dollars $ - 02/16/12 01:54 PM

January Home Sales are in:
Aloha, Lance Owens here with Aloha Kona Realty Inc. bringing you the monthly sales report.     According to the Hawaii MLS, North Kona home sales increased by 23% over 2011
And if that’s not enough good news for you – January 2012 also beat out January, 2011, 2010, 2009, and 2008. If you want to find a January with more home sales in it - you have to rewind all the way back to 2007.
A couple of more interesting facts about 2012 sales
134% - that’s how much the $ amount (sales volume- … (2 comments)

short sale: Cooperative Short Sales - West Hawaii, I want to help you get into this program. - 02/16/12 03:43 AM
Lance Owens (RS), Aloha Kona Realty INC.   www.KonaHomeTeam.com  
Straight from the mouth of the Investor's
Tips for Selling Your Property in a Short Sale
To help you successfully complete a short sale:
1. Work with a licensed Real Estate Agent
2. Consider choosing an agent with experience in Short Sales
3. Work closely with your agent—keep them informed about any changes to the property
4. With your agent, decide on the list price, taking into consideration the suggested list price
provided by your Bank, that is fair after considering the market in your area and the sale
prices of … (0 comments)

short sale: Successful Short Sale Closings: Tip #11 - 02/15/12 10:54 AM
 Aloha, Lance here with Aloha Kona Realty and I wanted to pass on another tip:
11. Do not add more funds than what were approved for the HOA, second lien or any other lien against the property, regardless of where the funds are coming from. Doing so will result in a rejected HUD and possibly a declination of the short sale. The investor does not allow more funds to go to another lien than what they have approved, even if the funds are brought in by another party (buyer, seller, agent).

That comes straight from the mouth of the investors. I … (0 comments)

short sale: Sneak Preview, 5 acre Kona Coffee Farm - - 02/09/12 08:40 AM
I am going to let you in on a new listing, we cannot put it on the MLS until the Sheriff moves the squatters out . Once listed at $1,400,000 (I'm sorry but it was never worth anywhere near that - But still thought it was worth mentioning). This property was purchased in 2005 for $750,000, then had major renovations done to it, the bad news is they stole or sold most of the appliances, fixtures, and cabinets out of it before they left. And as in most REO properties, the grounds have become overgrown, the good news is that the … (4 comments)

short sale: Sneak preview of an upcoming listing - Lokahi Makai - Kailua Kona, Hawaii - 02/09/12 06:04 AM
In the process of listing a home in Lokahi Makai subdivision in Kailua Kona, Hawaii. I don't know how familiar you are with these "Cooperative Short Sales" and Bank of America, but they are a pretty good deal. We've done a few of these and what happens is, the bank sends an appraiser over. they do a full on Appraisal - not a BPO (if your not familiar with these terms, please give me a call and I can bring you up to speed). Then they determine a fair market value on the property - and "wham" we got a great … (0 comments)

short sale: I hope your Golf game was as good as mine this weekend ! - 01/24/12 07:28 AM
I know, its not fair, temp 81, nice southerly breeze, just a beautiful Sunday afternoon and my wife talked me into a game of golf, Mauka Course at the Kona Country Club - $25.00 each after the Kamaaina (resident) discount - how could I go wrong?  I couldn't :)  
A few photos from the weekend and then I will lead me into some great golf course properties at the end here. 
First - the weather 

Then me - I  never claimed to be graceful, so don't ask me to golf with you, if you are totally serious about your … (0 comments)

short sale: Short Sales wanted in Hawaii - Investor or Owner Occupied - please give us a call - 01/12/12 06:58 AM

Deal of the day - Bank approved at $618,000 - Hualalai Colony 
With the new law that took effect last May, there has never been a better time in history to do a short sale on your home. (read below) 
You know what, let me backtrack a little here, 
There has never been - a better time in history - to actually SAVE your home.
 If you are "Owner Occupied", have the means to make payments, and are behind in payments,  or in foreclosure, this new law puts teeth in keeping - YOU - in your home. 
Act 48 Hawaii, … (0 comments)

short sale: Vista Waikoloa Condominium Complex - An entire community in distress? - 12/29/11 04:31 PM
Vista Waikoloa Condominium Complex, has a surprising amount of Foreclosures and Short Sales. In fact,  the Association Of Apartment Owners (AOAO) has foreclosed on 7 units alone, now operating 6 of them as rental units. (according to public records - AOAO owned units - A103, A204, B105, B106, D103, E203) F201 was also recently owned by the AOAO, but foreclosed upon by the bank.
In fact if you look at the public records, Hawaii MLS reports,  that out of the last 9 sales - 4 were distressed properties, either a short sale, pre foreclosure, or foreclosure - thats nearly 50% of all … (2 comments)

short sale: Hawaii Investor's - I want your Short Sale Listing - Homes, Condos, even Raw Land - I want it! - 12/29/11 02:32 PM

Are you an investor in Hawaii,  and have a property underwater - I want it.   A Home - I want it, A Condo - I want it, Raw Land - I want it. 
Let me introduce myself, Lance Owens with Aloha Kona Realty Inc. better known as the Short Sale King of the Big Island. I am running low on listings, good news is we keep closing our deals, good for me, good for you, good for the economy. Take a look at today's closing - Na Hale O Keauhou - vacation rental, investor purchased for $730,000, had over … (0 comments)

short sale: Kailua Kona, I want your Short Sale! - 12/29/11 09:53 AM
Just putting the word out - Our short sale success rate is phenomenal! Take a LOOK 
Were closing them out, with no participation from seller (no money out of your pocket - just walk away).
WE negotiate everything - including the HOA, the PMI insurance companies, 2nd liens, 3rd liens, we have even closed investor owned short sales with as little as - zero - participation from the seller.
Currently accepting short sale listings in 
Keauhou Estates
Bayview Estates
Hualalai Colony 
Pualani Estates
Lokahi Makai
Alii Cove - we need a few in here - please call asap if you have … (0 comments)

short sale: Kailua Kona Foreclosure Specialist: Lance Owens with Aloha Kona Realty - 10/31/11 10:07 AM
Updates for Halloween - 10.31.2011 
www.KonaHomeTeam.com 
 
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short sale: Alii Park Place for $265,000 - the title says it all - Real Estate for sale in Kailua Kona, Hawaii - 10/07/11 03:02 PM
Alii Park Place # L101 - Located on Alii Drive in Kailua Kona Hawaii - Listed by Lance Owens with Aloha Kona Realty Inc - www.KonaHomeTeam.com 
 
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short sale: Indymac / OneWest Bank - REALLY? Its been 2.5 years and you still haven't learned anything? - 09/28/11 07:48 AM
Indymac Federal Bank, OneWest Bank, series on the life a short sale Realtor - Lance Owens

OK, you guys know how many short sales I do, and how lucky I was - (kidding) - to be in the middle of one, when the Feds came in and took over Indymac, and if you remember my blogs from the mid 2009, and the nightmare it was dealing with them. You would think that after 2 and half years, you would be "called" on your business practices - but it seems not. 
2 months now - faxing, re faxing, re re faxing, … (0 comments)

short sale: Kailua Kona MLS Market Report: Condo Sales September 2013 - 09/13/11 03:33 AM
Aloha, Lance here with LUVA Real Estate, sorry my Market Report is so late this month, but we are busy! I finally forced myself to sit down and take a look at how busy Kona real estate really is. 

 
Condo sales - up 27% and I bet it would have been much higher if the inventory was there. Median price shows an increase of only 2% , but that number doesn't tell the real story. This is where Zillow and Trulia get left in the dust - call an expert in the area for the real story.
Quick example, Alii Lani Condos, nice … (2 comments)

 
Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can! (Kona Home Team          (luva llc)) Rainmaker large

Kona Home Team (luva llc) Lance Owens (RS)

Getting transactions done, when nobody else can!

Kailua-Kona, HI

More about me…

Kona Home Team (luva llc)

Address: 75-240 Nani Kailua Dr #8, Kailua Kona, HI, 96740

Mobile: 808-936-8383

Office: 808-936-8383

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Luxury Real Estate Sales, MLS Hot sheet, News, Market Reports, for the Kailua Kona area, West Hawaii, Mauna Lani, and Waikoloa Beach Resort areas.


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